Hanesbrands (NYSE:HBI - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.160-0.160 for the period, compared to the consensus EPS estimate of 0.144. The company issued revenue guidance of $900.0 million-$900.0 million, compared to the consensus revenue estimate of $892.4 million. Hanesbrands also updated its FY 2025 guidance to 0.660-0.660 EPS.
Hanesbrands Trading Down 1.1%
Shares of HBI stock opened at $4.17 on Thursday. Hanesbrands has a fifty-two week low of $3.96 and a fifty-two week high of $9.10. The company has a 50 day moving average price of $4.59 and a 200 day moving average price of $5.42. The company has a debt-to-equity ratio of 53.45, a quick ratio of 0.67 and a current ratio of 1.55. The stock has a market capitalization of $1.47 billion, a P/E ratio of -4.96 and a beta of 1.40.
Hanesbrands (NYSE:HBI - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The textile maker reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.04. Hanesbrands had a negative net margin of 8.12% and a positive return on equity of 262.15%. The business had revenue of $760.15 million during the quarter, compared to the consensus estimate of $757.42 million. During the same quarter in the previous year, the firm earned ($0.02) EPS. The company's revenue was up 2.1% compared to the same quarter last year. Equities research analysts predict that Hanesbrands will post 0.53 EPS for the current fiscal year.
Analysts Set New Price Targets
HBI has been the topic of a number of research reports. UBS Group increased their price objective on shares of Hanesbrands from $7.00 to $8.00 and gave the company a "buy" rating in a research note on Wednesday, April 23rd. Barclays set a $6.00 price objective on shares of Hanesbrands and gave the company an "equal weight" rating in a research note on Tuesday, May 20th. Stifel Nicolaus reduced their target price on shares of Hanesbrands from $7.00 to $5.00 and set a "hold" rating on the stock in a report on Thursday, April 10th. Wall Street Zen lowered shares of Hanesbrands from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Finally, Wells Fargo & Company upped their target price on shares of Hanesbrands from $3.00 to $4.00 and gave the company an "underweight" rating in a report on Wednesday, May 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Hanesbrands currently has an average rating of "Hold" and an average price target of $5.75.
View Our Latest Analysis on Hanesbrands
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Strs Ohio bought a new stake in Hanesbrands in the first quarter valued at $38,000. United Services Automobile Association bought a new stake in Hanesbrands in the first quarter valued at $132,000. NewEdge Advisors LLC grew its position in Hanesbrands by 6.2% in the first quarter. NewEdge Advisors LLC now owns 49,719 shares of the textile maker's stock valued at $287,000 after acquiring an additional 2,913 shares during the period. Empowered Funds LLC grew its position in Hanesbrands by 27.1% in the first quarter. Empowered Funds LLC now owns 73,867 shares of the textile maker's stock valued at $426,000 after acquiring an additional 15,744 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Hanesbrands by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,256 shares of the textile maker's stock worth $1,213,000 after purchasing an additional 9,147 shares during the last quarter. 80.31% of the stock is currently owned by institutional investors and hedge funds.
About Hanesbrands
(
Get Free Report)
Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.
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